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Montavilla

Montavilla, which stands for Mt. Tabor Villa, is a cozy little community in SE Portland. In the 1890s the neighborhood was named Mt Tabor Village and was a stopping point for travelers going from Hood River into Portland. Today, Montavilla is an active neighborhood with craftsman style homes and a commercial district.

VIBE AND STYLE

The incredible sense of community in Montavilla has made it a fast-growing neighborhood. The community has an active neighborhood association and its own weekly newspaper. A large percentage of the houses are occupied by owners but rental properties are available throughout the neighborhood. Many Portlanders choose Montavilla as the place to raise their family.

LOCAL SCENE

Amenities along SE Stark include a discount movie theater, yoga studio and wellness center, a café, music venue, and sports bar. The highest concentration of Portland’s Asian food markets and establishments reside on 82nd. The Montavilla Community Center has a pool, kitchen and gym for its neighbors.

OUTDOOR SANCTUARY

Montavilla neighbors have easy access to Mt. Tabor Park, a 190 acre landmark of Portland. Mt. Tabor, the only active volcano within city limits in the United States, makes Montavilla irresistible to bikers and hikers. The Sunday Farmer’s Market and Bazaar gives neighbors a great excuse to get outside during the summer and autumn months.

Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.